COVENTRY & WARWICKSHIRE LOCAL ENTERPRISE PARTNERSHIPS

CWLEP – Coventry & Warwickshire Local Enterprise Partnerships Boo Games
FROM: The West Midlands, UK
KEYWORDS: policy, business support, local participatory planning, digital technology, private public
DURATION: 2011, running
INDICATIVE COST:
FUNDING: Regional funds
FOCUS: ICT sector, SMEs, start-ups
Coventry & Warwickshire Local Enterprise Partnership (CWLEP) is a private sector/public sector collaboration. It is business led and allows the people who know their local economy best to plan and undertake the most appropriate actions. Local Enterprise Partnerships are locally-owned partnerships between local authorities and businesses and play a central role in determining local economic priorities and undertaking activities to drive economic growth and the creation of local jobs. The national government is offering local areas the opportunity to take control of their future economic development. Local Enterprise Partnerships are a key vehicle in delivering Government objectives for economic growth and decentralisation, whilst also providing a means for local authorities to work together with business in order to quicken the economic recovery. As Local Enterprise Partnerships are based on more meaningful economic areas, they will be better placed to determine the needs of the local economy along with a greater ability to identify barriers to local economic growth.
The LEP’s aim is to make Coventry & Warwickshire one of the best and easiest places to start, grow and locate a business. The Coventry and Warwickshire Local Enterprise Partnership has a broad, long term mission statement: “To make our area a World Class economy in which to do business; a place to: lead a great life, excel at learning, visit and return to - all supported by exceptional private, public and voluntary services”.
The CWLEP has identified the following sectors as key drivers of the Coventry and Warwickshire economy:
• intelligent mobility
• advanced engineering
• low carbon vehicles
• digital technology
SPECIFIC GOALS
• To drive economic growth and to help remove barriers to economic growth
• To help create high value jobs
• To co-ordinate local government co-operation and support
MAIN NEEDS MET by the GP
POLICY & REGULATION
• Policy to promote economic growth
• Local government and enterprise participation into economic development planning
• support for strategic companies and for assistance to infrastructure and major projects
FINANCE AND FUNDING
• access to finance
• facilities and service for business localization in Coventry and Warwickshire as a location
TRANSFERABILITY AND SUCCESS FACTORS
This is a regional mechanism to replace the regional development agency and it is driven by the business sector, and it can be applied to the game sector
QUOTATION
“By 2016, through strong private-public sector collaboration, Coventry and Warwickshire will be regarded as one of the best and easiest places in the country to establish, run and grow strong and successful businesses; generating significant new employment and skills opportunities in the area.”
FURTHER DETAILS
OWNER OF THE PRACTICE: Coventry & Warwickshire Local Enterprise Partnership
REFERENCE PERSON: contact@cwlep.com
WEBSITE: www.cwlep.com
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